EXPERTISE
Competition & State Aid

Settlement procedure: Overview for businesses in light of Ukraine's new competition law

April 2024 – Building on established practices, and taking inspiration from the successful experiences of international partners, the Ukrainian competition authority (the Antimonopoly Committee of Ukraine) has introduced a settlement procedure for cartels...

Improved leniency policy: Overview for businesses in light of Ukraine's new competition law

March 2024 – A leniency procedure has been in place in Ukraine for many years. However, available data suggests it has been severely underutilised. A recent first stage of competition law reforms in Ukraine introduced, among other things, an improved...

Coffee industry leaders face EUR 2 million fine and secure a conditional merger before Serbian Competition Authority

March 2024 – On 29 February 2024, the Serbian Competition Authority (the “SCA”) published two detailed decisions involving two largest undertakings on the Serbian coffee market. The first one relates to concerted practices that resulted in a joint...

Dawn raids: Guidelines for businesses in light of Ukraine's new competition law

March 2024 – At present, even though the Antimonopoly Committee of Ukraine (AMC) does not actively conduct inspections, conducting dawn raid inspections is still permissible during martial law.

Kinstellar announces new promotions to Counsel

February 2024 – Kinstellar is delighted to announce the promotions to Counsel of: Yerlan Akhmetov, Kuanysh Shekerbekov (Almaty, Kazakhstan), Cătălin Dinu, Cătălin Graure (Bucharest, Romania), Barnabás Sági (Budapest, Hungary), Yulia Eismont, Maksym...

Hungarian Government's decree on reducing food inflation to enter into force

January 2024 – The Hungarian government's decree on measures to combat the so-called “shrinkflation” will enter into force on 1 February 2024. “Shrinkflation” refers to the hidden raising of prices by reducing the size of products.

Romania transposes the ECN+ Directive, further strengthening the Competition Council’s investigative powers

December 2023 – Facing EU infringement concerns, Romania has finally adopted an ordinance amending the Competition Law no. 21/1996 (the “Competition Law”), aimed at fully transposing into local law EU Directive 1/2019 to empower the competition...

Kinstellar advises AIK Banka on the acquisition of Eurobank Direktna in Serbia

December 2023 – Kinstellar has successfully advised AIK Banka on the competition law aspects of the EUR 280 million acquisition of 100% of Eurobank Direktna Beograd. The transaction closed in November upon receiving the necessary regulatory approvals...

Slovakia: Subsidies for the construction of Renewable Energy Sources

November 2023 – Are you considering building your own Renewable Energy Source ("RES") in order to reduce your electricity costs, comply with internal ESG policies, or for any other reason? If so, you may find this overview of currently available subsidies...

Kinstellar, Gen & Temizer | Özer advise Property Finder and Zingat on the sale of 100% of Zingat to hepsiemlak, and on Property Finder’s subsequent share subscription into hepsiemlak

November 2023 – Kinstellar Gen & Temizer | Özer have successfully advised Property Finder and Zingat on the sale of 100% of Zingat to hepsiemlak, and Property Finder’s subsequent share subscription into hepsiemlak.